Normal distribution were used to find the probability

Assignment Help Operation Management
Reference no: EM13841690

Activity / Immediate Predecessor / Optimistic / Most Likely / Pessimistic / Standard Deviation / Variance

A / -- / 4 / 5 / 6 / 0.333 / 0.111

B / -- / 12 / 16 / 18 / 1.000 / 1.000

C / A / 2 / 8 / 14 / 2.000 / 4.000

D / A / 5 / 5 / 5 / 0.000 / 0.000

E / B,C / 6 / 7 / 8 / 0.333 / 0.111

There are five activities in a PERT project. If the normal distribution were used to find the probability of finishing this project in 24 weeks or fewer, what mean and variance would be used?

Reference no: EM13841690

Questions Cloud

Why should hr and managers be concerned : Why should HR and managers be concerned about whether or not employees are engaged and are satisfied with their jobs
Handle conflict in non-work relationships : Consider how you deal with conflict in relationships with people at work. Is it similar to how you handle conflict in non-work relationships? Discuss your conflict style and how this style has affected your relationships. In addition to noting any si..
Utility function for chocolate and ice cream : Problem 1: David has $50 to spend on chocolate (X) and ice cream (Y). The price of chocolate, PX, is $5, and the price of ice cream, PY, is $8. His utility function for chocolate and ice cream is given by U = 2X1/4Y1/5.
Relative to personal and business use of social media : What are the social and security issues for individuals and organizations relative to personal and business use of social media?
Normal distribution were used to find the probability : There are five activities in a PERT project. If the normal distribution were used to find the probability of finishing this project in 24 weeks or fewer, what mean and variance would be used?
What consolidation journal entries are required : What consolidation journal entries are required for the period ending 30 June 2006? What consolidation journal entries are required in relation to the inter-company transaction for the period ending 30 June 2007?
What are the advantages for the company : In your opinion, should management resist the formation of a union? Why or why not? What are the advantages for the company? Are there any disadvantages to having a union
Developing project schedule-create more accurate schedule : When developing a project schedule, it is common to underestimate the time and budget needed for each milestone. What are some practices that could help a project manager to create a more accurate schedule?
What is the present value of that salvage value : ABC Company is considering an investment in a machine that will have a useful life of six years with a salvage value at the end of $12,000. Assuming that ABC has a minimum rate of return of 12%, what is the present value of that salvage value?

Reviews

Write a Review

Operation Management Questions & Answers

  Organizational structure how to write a scope of work

organizational structure how to write a scope of work based on being a manager incharge of quality control reporting systems in getting merchandise to end user /consumers

  Rita jenkins president of the local chamber of commerce had

rita jenkins president of the local chamber of commerce had difficulty getting members to assist in running the

  Decision alternatives-states of nature and the payoff table

Jean Clark is the manager of the Midtown Saveway Grocery Store. She now needs to replenish her supply of strawberries. Her regular supplier can provide as many cases as she wants. How many cases should be purchased according to Bayes’ decision rule? ..

  Discuss the advisability of using modular assemblies

Discuss the advisability of using modular assemblies in manufacturing. what are the advantages and disadvantages.

  What is the duration of an implied warranty

What are the two common types of implied warranties? Describe them. If your purchase does not come with a written warranty, is it still covered by and implied warranty? What if the product is marked as is Do all states permit as is sales? What is the..

  Complete the external environmental scan for organization

Complete the external environmental scan for your organization. Perform an internal competitive environmental scan for your organization.

  What are the main points and theories discussed

What are the main points and theories discussed in the interview? Can you give examples from your work life that reflect Wheatley's observations? How do these ideas support or compare with the New Business Realities? Choose 1 Business Reality and ela..

  Describe the products goods and services

China and India have demonstrated trends toward Western-style consumption over the last decade. Given the emphasis on the youth market in the US over the last 60 years (since the baby boom), what can you suggest for marketers in these youth-orient..

  Throughout the implementation of a project which of the

1 during the implementation of a project which of the following should be the primary focus of a consulting firm?bull

  Illustrate what challenges does toyota face as it embarks

Illustrate what challenges does Toyota face as it embarks on transforming its global organizational culture from kaizen to kakushin.

  How fast food restaurant measure its quality effectiveness

Discuss how a fast-food restaurant could measure its quality effectiveness using each of the following definitions of quality; product-based, user-based, value-based, manufacturing-base

  How do technological changes affect the relative bargaining

How do technological changes affect the relative bargaining power of the parties?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd